LIDOCAINE OINTMENT MARKET ANALYSIS

Lidocaine Ointment Market, by Formulation (Internal Use and Topical Use), by Age Group (Children and Adult), by Application (Insect Bite, Sun Burn, Minor Cut, Mouth Sore, and Others), by Distribution Channel (Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies), by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published In : Dec 2022
Code : CMI5434
Pages :156
Formats :
Excel and PDF
Industry : Pharmaceutical

Lidocaine Ointment MarketSize and Trends

Global Lidocaine Ointment Market - Market Trends

Lidocaine ointment is used for various purposes it is used to treat minor burns, scratches, and insect bites. It is also used to prevent and treat pain during some procedures such as cosmetic surgery and dental surgery, which is expected to drive the market growth over the forecast period. Thus, the increasing prevalence of cosmetic surgeries is expected to drive the market growth over the forecast period. For instance, according to the data provided by the American Society for Aesthetic Plastic Surgery, in April 2022, non-surgical procedures saw a 44% increase over 2020. Moreover, surgical procedures increased by 54% in 2021 and the average U.S. plastic surgeon performed 320 surgeries in 2021 compared to 220 in 2020.